There’s a lot of doom and gloom being talked at the moment, and what Julie Birchill calls ‘poncing around on twitter’. Seriously, she’s in good fooling with this article (Thank you Bishop Hill). If you take all the pessimistic views from the bought and paid for lamestream and all the ‘Remainder’ twats panicking on twitter, then everything in the UK is going tits up in a massive way. Which back in realityville, just isn’t happening. The market has taken a hit, that much is true. Sterling is down over ten cents against the Canadian and US Dollars, but it was far lower when Harper was Canadian Prime Minister.
Yesterdays rate is about the same as back in September 2014, (around CAD$1.72). If you go back to my 2013 screenshot, the exchange rate was even lower. So it’s not the ‘lowest in 31 years’, far from it. As for ‘dollar parity’, that’s just a wild guess invented to scare the peons. As someone who needs to move money between countries a few times a year, I’m not panicking, far from it.
Actually I have a more positive view. I’m actually quite sanguine about the whole ‘out of EU’ business. Which my instincts tell me will be good for UK businesses and their trading partners after this short-term glitch, thus good for those who need a job, long term. The Bank of England has good liquidity and is solid as a bank can be. The UK economy overall isn’t in that bad a shape. The European banks and EU, I’m not so sure. With their track record of ‘losing’ 6 Billion unspecified Euros in 2013, to cite but one example, and not getting their finances signed off by the European Court of Auditors up to 2007. Since then the accounts have been rubber stamped but with some ‘observations of wastage’. No matter what the Euro apologists say, I’m less than confident about the EU’s ability to remain fiscally stable. No matter the gripes and veiled threats of raised tariffs, the EU has way more to lose from a divorce than the UK, and all the globalist bedwetters certainly don’t have a clue.
Now before Brexit became a probability, I was going to pull my money out of Sterling, but have decided to leave it where it is so it can breed with all those other lovely UK connected currency units and raise far more babies. Which will turn into more readies for Mrs S and I, and probably pay off the college funds for the next generation when they arrive (Although, please God, not just yet). And if handled right will provide for another generation after that.
As for Europe and travel. Our next big trip for 2017 has just entered the planning stages and we will be taking in the UK, Denmark, Netherlands, Atlantic France, South of France, Italy and maybe further East. On a motorcycle. Specifically a 2017 Triumph Trophy SE 1215. We’re going to ship it over via Air Canada’s new motorcycle service and ride around some haunts old and new. The general overview is a week or two at each location, maybe more depending on whether we’ll be hitting the vineyards in a big way or just pootling around sightseeing. Mrs S and I are both dual nationality, so can use either passport to cross borders and thus get around some of the visa restrictions that might be put in place.
Languages? Our French is adequate for day to day conversation, my German and Italian pretty basic, but enough to get by on. When I say ‘pretty basic’ I mean being able to count to a hundred, order a beer or three, say ‘please’, ‘Good day’, ‘thank you’ and ‘I’m Canadian / English’, book a hotel room and ask people to speak more slowly. I’ve even picked up the odd word in Swahili from Eldest who is currently working in Africa and heading off to the fabled land of Oz later this year. Our legal eagle (Youngest) is coming over for Christmas, even if we end up paying her air fare, so we’re looking forward, not back.